Democrats want to leave no doubt that the blame for the inevitable hyperinflation will be squarely laid at the Obamanation's doorstep. Good work !!!

3:18 pm July 26, 2013

Luis Dirk wrote:

No, no, no Dems:
The proper representative for your party to lead a Fed printing party to feed more government debt, crony capitalism and asset bubbles is none other than Carlos Danger.

Yeah, baby: Carlos Danger for Fed Head.

3:38 pm July 26, 2013

inevitable hyperinflation wrote:

better stock up on more 556 and buy a few more ar15s cause obama is going to come and get your guns right after peak oil. lol

5:56 pm July 26, 2013

Luis Dirk wrote:

Actually, if you think about it, the Dems have no shortage of qualified big government interventionists with questionable morals to lead the Fed.

Jon Corzine is another name that pops to mind. In this day and age, he'd be another fine Fed Head.

2:49 am July 27, 2013

Anonymous wrote:

Wall Street supports Yellen, Automatic disqualification.

2:54 am July 27, 2013

Anonymous wrote:

inevitable hyperinflation wrote :

better stock up on more 556
Anything over .50 is a destructive device.
55 cal would be illegal.
Perhaps you intended to say 5.56?
Personally I find small caliber rounds like those far too weak but you buy what you like.

7:32 am July 27, 2013

The Practical Economist wrote:

She's the wrong candidate.

She's all about Unemployment as a signal indicator for direction of monetary policy. She was obviously the force behind the announcement of the Fed's dual mandate, which was dialed back, eventually to a largely single mandate, with Unemployment taking a back seat...as it should.

High levels of Unemployment generally correlate with suppressed spending and demand, but the relationship between Unemployment and Income is not completely tight, as we've learned in recent years.

The level and directionality of Consumer Prices is a better indication of economic direction.

I'm glad that Yellen is empathetic to those without work...and that she understands how deeply damaging long-term unemployment is, but talking about unemployment in that way is facile. You have to drill deeper.

There is no indication that she has added anything meaningful to the discussion.

8:54 am July 27, 2013

Wrong again wrote:

As sickening as it seems & as far as who is a likely a candidate who can succeed, I would prefer Summers. I believe that he would at least consider an end to the printing madness some day. Need to get the Fed out of the money machine, fix their friends, old boy network business ASAP. Another asset price false story end badly moment on the way so they can pump & dump all they want. This isn't an 'only the strong will survive' moment. It is only those who do not play are 'only the truly strong' moment. Gamble away.

12:53 pm July 27, 2013

Common Sense Economics wrote:

The difference between Summers and Yellen is like the difference between an excrement sandwich with either mustard or mayo.

3:07 pm July 27, 2013

wigglwagon wrote:

Bernanke should be replaced by a young single employed mother of two who keeps her checking account balanced. She would know a lot more about economics than Bernanke, Obama, or any of the other politicians in DC. The lack of practical economics knowledge also includes everyone I have heard mentioned as a possible successor.

9:58 pm July 27, 2013

Robin wrote:

Reading these comments is confirmation that the Republican party has thoroughly lost the educated vote. There is absolutely no chance they will regain the White House in 2016 unless they cast out these insane ignoramuses who know nothing of practical economics.

12:47 am July 28, 2013

@wigglwagon wrote:

Amazing how Robin after you didn't understand a word you wrote. Good work.

1:10 pm July 28, 2013

One of 100's of millions for Freedom wrote:

"Democrats’ Endorsement Praises Yellen..."

There isn't a single example of something or someone democrats' praised that has had a positive result.

1:13 pm July 28, 2013

Micky wrote:

clearly democrats yet again demonstrating their political agenda criteria over IQ

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